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Expected Loss to be Paid - Net Expected Loss to be Paid After Net Expected Recoveries for Breaches of R&W Rollforward (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W $ 660 $ 963 $ 737 $ 1,183  
Economic Loss Development / (Benefit) 34 (37) 31 (39)  
Accretion of discount 2 6 6 14  
Changes in discount rates 1 (1) 32 (5)  
Changes in timing and assumptions 31 (42) (7) (48)  
Net (paid) recovered losses 41 34 (33) (184)  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 735 960 $ 735 960  
Period after the end of the reporting period within which the ceded paid losses are typically settled (in days)     45 days    
Loss and LAE Reserve paid 6 9 $ 9 16  
Expected LAE to be paid 24   24   $ 33
Public Finance [Member]          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W 519 697 554 864  
Economic Loss Development / (Benefit) 32 84 91 145  
Net (paid) recovered losses 21 (9) (73) (237)  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 572 772 572 772  
Public Finance [Member] | United States [Member]          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W 493 666 531 832  
Economic Loss Development / (Benefit) 30 92 86 154  
Net (paid) recovered losses 20 (9) (74) (237)  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 543 749 543 749  
Public Finance [Member] | Non United States [Member]          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W 26 31 23 32  
Economic Loss Development / (Benefit) 2 (8) 5 (9)  
Net (paid) recovered losses 1 0 1 0  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 29 23 29 23  
RMBS [Member] | United States [Member]          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W 104 237 146 293  
Economic Loss Development / (Benefit) 1 (118) (62) (183)  
Net (paid) recovered losses 23 43 44 52  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 128 162 128 162  
RMBS [Member] | First Lien [Member] | United States [Member]          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W     166    
Economic Loss Development / (Benefit) (4) 19 55 50  
Changes in discount rates 0   (25)    
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 122   122    
RMBS [Member] | Second Lien [Member] | United States [Member]          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W     20    
Economic Loss Development / (Benefit) 3 99 7 133  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 6   6    
Other structured finance [Member]          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W 37 29 37 26  
Economic Loss Development / (Benefit) 1 (3) 2 (1)  
Net (paid) recovered losses (3) 0 (4) 1  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 35 26 35 26  
Structured Finance [Member]          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W 141 266 183 319  
Economic Loss Development / (Benefit) 2 (121) (60) (184)  
Net (paid) recovered losses 20 43 40 53  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W $ 163 $ 188 $ 163 $ 188